Can I get a loan?

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
Posts: 1
by Emma14 » Wed Oct 17, 2018 8:57 pm
Hi, I was just wondering what the likely hood was of my IP letting me get a loan I'm in the last few months of my Iva but my car has just blown up literally and I need it to get to work as I work 20 miles away from where I live? My payment are 115 a month so a payment break isn't going to help thanks
User avatar
Forum Expert
Posts: 10331
by luluj » Thu Oct 18, 2018 4:29 am
Why do these things happen just as the light becomes brighter at the end of a tunnel ?
You can ask if your IP will approve however whilst the iva remains on your credit file getting a loan other than a high interest rate one may be difficult.
Have you any family or friends who could help you out rather than a loan at this stage ?
User avatar
Forum Expert
Posts: 27706
by Foggy » Thu Oct 18, 2018 6:37 am
Your IP might give permission, but, as Luluj says, any loan you might be offered might well be at eye watering rates and from a leg breaking lender ! I used to do high miles and survived on "Ebay Bangers" --- however, there is an element of luck with those !!
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”

Who is online

Users browsing this forum: No registered users and 21 guests